Might want to update your profile then, it still says London.
What do we know about Singapore? It has masses and masses of public housing, so people are looked after in a way that doesn't happen in the US. The US is very keen to push this sort of thing on employers - see also health insurance.
It's a different model and I would agree probably a worse one, but either way it's the state ensuring people have their basic needs met.
It's a neoliberal fantasy-land, yes. Lee Kuan Yew's autobiography was called "From Third World to First" for good reason.